Rafael Holdings, Inc. reported earnings results for the first quarter ended October 31, 2023. For the first quarter, the company reported sales was USD 0.068 million compared to USD 0.07 million a year ago. Net loss was USD 3.64 million compared to net income of USD 1.59 million a year ago.

Basic loss per share from continuing operations was USD 0.15 compared to USD 0.22 a year ago. Diluted loss per share from continuing operations was USD 0.15 compared to USD 0.22 a year ago.